Siyaram Recycling Industries Secures Order Worth Rs 36,95,760 for Brass Scrap

Siyaram Recycling Industries Secures Order Worth Rs 36,95,760 for Brass Scrap

Siyaram Recycling Industries Secures Order Worth Rs 36,95,760 for Brass Scrap​

Siyaram Recycling Industries Ltd has secured a significant order from Jay Malbapa Metals for the supply of Brass Scrap. The total value of the noteworthy order stands at Rs 36,95,760.

The transaction involves Siyaram Recycling Industries Ltd receiving the order from Jay Malbapa Metals. This fixed cost contract pertains to domestic procurement.

Key details of the secured order are summarized below:

AspectDetails
Entity Awarding OrderJay Malbapa Metals
Material/ProductBrass Scrap
Total Contract ValueRs 36,95,760/-
Nature of TransactionFixed cost
Customer TypeDomestic entity
Execution TimelineWithin 7 Days

The order placed by Jay Malbapa Metals is a fixed cost transaction and does not involve any related party dealings for Siyaram Recycling Industries Ltd. Furthermore, the company has no interest in the entity that awarded the contract.

Stock Price Movement​

As of 14:53, Siyaram Recycling Industries Ltd is edging higher, trading at ₹45.83, which represents a strong gain of 4.99%. The shares moved within the day's range, touching a low of ₹44.00 and peaking at the current price of ₹45.83.
 

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